Obviously "99%" is hyperbole. I meant to say "most of the time" as noone really has reliable data on the actual percentage. What I was thinking of is that there aren't that many times in a year that the elephant is active. If at all. But opex is ...

The Swamp

They work because they represent so much more directional bias than the notional value suggests. Options are mostly used by banks and hedge funds that give markets direction 99% of the time. The 1% is when an even bigger player is in the market that ...

The Swamp

Truth be told, for the past 5 weeks options can't really keep up with eu. Even 5bn expiries had no attraction which means there's larger money in this selloff.

The Swamp

opex for tomorrow: [email protected] [email protected] [email protected] [email protected] It's official. Noone has a clue what eu is doing any more.

The Swamp

I thought the ECB might raise in July...

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Exotics lead the majors? Never really dabbled with exotics so I'm genuinely curious.

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You. Don't. Say.

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You may know it as the pole & flag pattern, but let me introduce instead the:

The Swamp

If the "market" would have any sense of humor we'd get back to 930s now...

The Swamp

nah-ah every few days there's gonna be a headline: ** BREAKING: THE ECB may RAISE IN JULY ** market reaction: RAISE IN MAY?? RAISE IN MAY!! BUUUUUUY!!!4!

The Swamp

oh how i would love to have a news agency...

The Swamp

LMFAO 7:01 ECB's Wunsch: Policy Rates Could Turn Positive This Year - Ready To Consider Deposit Rate Hike In July 8:33 ECB’s Guindos: ECB Rate Hike Possible In July, Will Depend On Data Same "news" over and over to pump the euro...

The Swamp

LOL, eu jumped the exact same amount on the exact same news last week too...

The Swamp

We have a beautiful head and shoulders pattern on the 15m. At the bottom of a 300 pip drop. Any takers?

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Just think of the poor sod that bought it from you...

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The only reason your post is before mine is that I type actual sentences...

The Swamp

The problem is they created a liquidity void down 1.10-, options support this theory. I also don't like that 1200+ wasn't really tested and that Asia would set the high. That rarely ever happens. So I'm thinking whatever the move today they'll fade ...

The Swamp

The fakeout before the move, retesting 1068. My downside targets measured from yesterday's move (the gator method) are 1040 *1010 980 **950. Not in a straight line ofc, there might be some ping pong along the way but as long as 1126 holds I think ...

The Swamp

I read this hours ago. By now this is a non issue. (Long term implications notwithstanding.)

The Swamp

No. The technical details are that EU continues to pay in EUR at the pre-fixed prices into Gazprombank where EUR is converted into RUB. This way everyone can sell it as a win. The main thing is EU still gets gas in EUR. The only problem is UK has ...

The Swamp